Osamu Suzuki, the former President Chairman & CEO of Suzuki Motor Corporation, passed away at the age of 94 on Wednesday afternoon due to malignant lymphoma, the company announced on Friday.
According to Kyodo News, Japan, Suzuki's leadership spanned over four decades, during which he transformed the Japanese automaker into a global powerhouse, especially cementing its dominance in India's car market.
Suzuki helmed the company as president, chairman, and CEO from 1978 until stepping down in 2021 at the age of 91. Under his stewardship, Suzuki Motor's consolidated sales skyrocketed from around 300 billion yen (USD 1.9 billion) in 1978 to over 3 trillion yen in fiscal 2006, a tenfold growth that underscored his vision and leadership.
Bu hikaye The Business Guardian dergisinin December 28, 2024 sayısından alınmıştır.
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Bu hikaye The Business Guardian dergisinin December 28, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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